Depop Business Hub
Depop is one of the fastest-growing resale platforms, but many sellers don't realize they're also running a business. That means taxes, potential licenses, and decisions about business structure all come into play.
This hub brings together everything you need to know — from Depop tax forms to LLC benefits — and shows how Genie LLC can help you build the right foundation.
Your Depop Business Resources
Here are the core guides every Depop seller should read:
- Depop Tax Form Guide – Everything about the 1099-K, Schedule C, and reporting rules
- LLC for Depop Sellers – Why an LLC makes sense and how to set one up
- Depop Business License vs LLC – Understanding local requirements vs legal structure
- Depop Taxes Overview – Income reporting, deductions, and simple record-keeping tips
Casual Selling vs. Running a Business
Casual Selling
- Mixes personal and Depop income
- Misses valuable tax deductions
- Unclear financial records
Real Business
- Runs under an LLC for separation and protection
- Opens a business bank account with an EIN
- Tracks income and deductions for clean tax reporting
Learn more in the LLC for Depop Sellers guide
Why Depop Sellers Choose an LLC
An LLC isn't required to sell on Depop, but once you're earning consistent money, it's the best way to:
- Keep business and personal money separate
- Make tax filing easier
- Protect your personal assets
- Build credibility when scaling beyond casual sales
Genie LLC guides you through filing your LLC for a $49 flat-rate fee that gives you everything you need to launch an LLC.
Frequently Asked Questions
Do Depop sellers need a business license?
It depends on your city or state. Some locations require a local license once you pass certain sales thresholds.
Is an LLC required to sell on Depop?
No, but forming an LLC separates your finances, simplifies taxes, and protects your personal assets.
What is the Depop 1099-K threshold in 2025?
Most Depop sellers will receive a 1099-K if they earn $600 or more in gross sales.
Can minors form an LLC for Depop?
Yes. In most states, minors can form an LLC with parent or guardian involvement.
Related Reading
Final Word on Running a Depop Business
Selling on Depop is more than just clearing out your closet — it can become a real income stream. With that comes taxes, licenses, and financial responsibilities. The easiest way to handle it all? Form an LLC and run your shop like a business from day one.
With Genie LLC, you can do it for just $49 and gain the clarity and confidence to grow.